(“ALPHA”)

MEYER (CAPITAL INVESTMENT) AND SOURCE REFERENCES

Literature

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Dr.A. Meyer, business editor of the Neue Z\"urcher
Zeitung. Capital Investment (Zurich, 1912).
Written by a “practician”: advice to capitalists.
Statistics of company profits, pp. 130–32.

InBritain, 38,928 companies were formed from 1893 to 1902. Of
these, 14,538=37 per cent had to go into liquidation!! In France the number of
companies forced into liquidation was about 10 per cent (Leroy-Beaulieu).

Tobe noted from the literature:

WilhelmGehrden, The Secret of Success on the Stock Exchange,
Berlin. (no date?)

[[BOX-ENDS:
a German private speculator, who describes his “personal experience”,
p. 139: “a very minute number” win on the stock exchange.
p. 149: one in fifty cases of winning in deals on margin. ((Abundant
examples of swindling, etc., etc.))
]]